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Uptrend Call Working As Dreyfus Strategic Municipal Bond Fund Stock Rises 14.6% (DSM)May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Dreyfus Strategic Municipal Bond Fund (NYSE:DSM) on June 6th, 2011 at $7.97. In approximately 12 months, Dreyfus Strategic Municipal Bond Fund has returned 14.63% as of today's recent price of $9.13. Dreyfus Strategic Municipal Bond Fund share prices have moved between a 52-week high of $9.17 and a 52-week low of $7.32 and are now trading 25% above that low price at $9.13 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%. Dreyfus Strategic Municipal Bond Fund, Inc. is a diversified, closed-end management investment company incorporated in the USA. The Trust's objective seeks high current income exempt from Federal income tax. The Fund invests 80% of its assets in municipal obligations and at least 80% of its assets in securities rated investment grade. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Dreyfus Strategic Municipal Bond Fund shares.Log in and add Dreyfus Strategic Municipal Bond Fund (DSM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
